Latest Posts

April 1, 2014

Facilitators

      In December of 2011, the Ontario Teacher’s Pension Fund announced that they had reached an agreement with Rogers Communications to sell its shares in MLSE – the parent company of the Toronto Maple Leafs, Toronto Raptors and Toronto FC.  It was a deal that valued the company at some 2 billion dollars, and made headlines at the time not only for the size and scope of the transaction, but also for the relatively little time it took to... View Article

March 19, 2014

Anonymous

When I was in sixth grade, I got into a school yard disagreement with another sixth grade boy that resulted in a ripped jacket – his.  As we were sitting down for family dinner the phone rang, and my father got up to answer it.  When he had returned to the table, I noticed his mood had deteriorated appreciably.  It seemed the boys parents weren’t pleased with the ripped jacket. I do not recall much of a talking to from... View Article

February 28, 2014

Parental Advice

          I remember it like it was yesterday. My career in real estate had only just begun, and I was excited to be showing a property to a young couple for the second time.  It was the early 90’s, and the market could best be described as stagnant.  (The notion of a form 244 had not yet been dreamt up!) Clearly, my clients loved the house, and I was certain that they were at the point... View Article

February 11, 2014

Late Again, an Apology and a Lame Promise

      It has been the better part of four years that I have been writing this column in SNAP.  Early on, there used to be a deadline of the 18th of the month by which contributors were to submit their article for publication in the following months paper. As this left very little time to formulate the layout, edit the articles, and send to publication, writers were eventually asked to adjust their submission dates to the 5th of... View Article

January 31, 2014

Reason for Optimism

boston-comparison-guelph

     A friend of mine was recently relocated from Boston to Dallas for employment purposes. Having visited him in both locations, my observation of the difference in home prices is startling.  One need only acquire a window seat in the airplane and a rudimentary understanding of the concept of supply and demand to get a general understanding of why Dallas provides far more bang for your home buying buck.  Land supply in flat, sprawling Dallas is comparatively unlimited.  When... View Article

January 15, 2014

Phone Manners

For those of us who still maintain one in our homes, the role of the land line telephone has indeed evolved. A generation ago, (and still for some folks who are either too cheap, too stubborn or too smart to own a cell phone), the telephone was a vital link to the outside world.  Today, more and more people forgo ownership of a landline telephone, as their ever present cell phone does a more than sufficient job of keeping them ‘connected’.  While much... View Article

January 1, 2014

Process Your Goals

In my spare time I coach my daughters midget age hockey team. As all who have been involved in kids sports will understand, coaching is my part time job with full time hours. Fortunately in my particular case, the group of parents involved with our team are reasonable people appreciative of the amount of time not only myself, but the entire team staff devote to their kids development. Nonetheless, occasionally parental expectations and a coaches vision will differ. And so it... View Article

December 1, 2013

Silent Thief

Most of us, look at our property taxes as a necessary evil. We have our annual moan of outrage at the property tax hike proposed by the city, then a sigh of relief when the proposed increase is cut in half. Forgot in the process is that property taxes are still rising, and in the process diminishing the average households spending power. What has offset that increase in the last 15 years or so, is a decline in lending rates,... View Article

November 1, 2013

Nice to See You Again?

Mine is a family of first generation immigrants. My parents, like so many other Canadians, and the majority of my relatives, arrived in Canada shortly after World War Two. New immigrants of that time, as is probably still the case today, cleaved closely to each other for support in a strange new land. When they had kids, those children spent many holidays together with their cousins. My memories of childhood are of a close knit extended family. I loved when... View Article

November 1, 2013

Stickin’ To My Knittin’

    While travelling through the States recently I took the opportunity to read the business section of the local paper. The pieces that I find myself gravitate towards are personal help columns written by financial planners. The Globe has such a piece each Saturday, replete financial advice that often includes a warning not to be too heavily invested in Real Estate. It’s a form of professional self torture to read these pieces, but all the same it is interesting to... View Article